712 20Th St Sacramento, CA 95811
- Commercial real estate
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 712 20Th St
- Year built
- 1985
- Lot size
- 0.07 lot acres
- Property type
- Commercial real estate
- APN
- 003-0174-011
Description
This exceptional investment opportunity presents a meticulously maintained four-unit apartment building ideally situated in Sacramento's vibrant Midtown neighborhood. The property, boasting a desirable location at 712 20th Street, comprises a diverse mix of units: one 1-bedroom/1-bathroom (700 sq ft), one 2-bedroom/1-bathroom (800 sq ft), one 2-bedroom/2-bathroom (700 sq ft), and one 3-bedroom/2-bathroom (1000 sq ft) unit, totaling 3,509 square feet of living space. Built in 1985 on a 0.07-acre lot, this two-story Victorian-style building features a pitched composition roof and wood siding. Recent upgrades include updated plumbing and electrical systems, enhancing both efficiency and longevity. Modern amenities within each unit include laminate flooring, granite countertops, freshly painted kitchen cabinets, vinyl windows, recessed ceiling lighting, in-unit washers and dryers, and ceiling fans. Central heating and air conditioning provide year-round comfort. Currently operating at 100% occupancy, the property generates a substantial Net Operating Income (NOI) of $64,338, representing a 5.36% capitalization rate. The asking price is $1,200,000, or $300,000 per unit. Water, sewer, and garbage are currently paid by the owner
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.4788907
- Latitude
- 38.5796678
